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149-97 Ordinance AMENDEDRECORD OF ORDINANCES Dayton Legal Blank Co. Form No. 30043 Ordinance No.__ 149-97_ (Amended) Passed--------------------------------------------------19_ __-- AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXERCISE THE OPTION AND TO PURCHASE AN APPROXIMATELY 157+/- ACRE TRACT OF LAND WEST OF COSGRAY PARK IN ORDER TO EXPAND COSGRAY PARK FOR RECREATIONAL USE FOR THE RESIDENTS OF DUBLIN APPROPRIATING THE FUNDS NECESSARY TO COMPLETE SAID PURCHASE, AND DECLARING AN EMERGENCY WHEREAS, the City of Dublin desires to expand Cosgray Park and provide parkland and recreational facilities for the residents of the City of Dublin; and WHEREAS, the City of Dublin has entered into an option to purchase 157+/- acres of land for the purpose of expanding Cosgray Park, and said option is about to expire. WHEREAS, it is necessary to amend the annual appropriations measure to provide authorized funding for the purchase. NOW, TIIEREFORE, BE IT ORDAINID, by the Council of the City of Dublin, State of Ohio, _r of the members concumng that: Section 1. Council hereby authorizes the City Manager to exercise Dublin's option and to purchase 157+/- acres of land for the purpose of expanding Cosgray Park. Section 2. There be appropriated from the unappropriated balance in the General Fund the amount of $4,000,000 to account 01-01-19-2510 for the purpose of purchasing this 157 +/- acre tract and paying related acquisitions costs. Section 3. This Ordinance is declared to be an emergency measure necessary for the immediate preservation of the public peace, health, safety or welfare, and for the further reason that the purchase of this land is necessary in order to initiate the annexation and rezoning processes for this land to comply with the construction timeframes for the stadium project. This ordinance shall therefore take effect and be in force immediately upon passage, as provided by Section 4.04. (6) of the Revised Charter. Passed this ~ day of , ~',(',P~'v~,(2Pit~ 1997. Clerk of Council ~.~+7t come; o f ~,,; t~t1' of G,t,r.n n ~crcrda:.,~-P w., s nrd nonce/Re~e~a#«s 4 Sertton 7 ° were posted in the 31.25 of the Ohio Revised lode. ----_ f}sst t'l,,k of atrnc! ^ ' ln, l`hio